Ohio Property Taxes: A Heavy Burden on Businesses & Renters
Dayton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Property taxes in Ohio, beyond just homeowners, significantly impact businesses and renters. With over 6,500 local taxing authorities, Ohio has one of the highest local tax burdens. Businesses, especially those on thin margins, struggle with increased property taxes, leading to higher prices for customers. Renters also feel the pinch as landlords pass on tax hikes in rent renewals. The Buckeye Institute highlights the need for a community-wide discussion on levies and reforms, as property taxes affect everyones wallet.
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